Guoyuan Securities Company Limited Posted 520 Million Yuan Net Profit in First Quarter of 2023

Guoyuan Securities Company Limited (国元证券股份有限公司) (000728.SZ) reported a net profit of 520 million yuan in the first quarter of 2023, reversing a net loss of 119.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.5 billion yuan in revenue, up 165.6% year-on-year.

At the end of the reporting period, it had 133.1 billion yuan in total assets and 99.4 billion yuan in total liabilities, with a liability-to-asset ratio of 74.7%.